Formation Website Link: Formation: In India, a One Person Company (OPC) can be formed by a single individual who meets the following criteria: Resident of India: The individual formation the OPC must be a resident of India. This means that they should have stayed in India for a minimum period as prescribed by the government,… Read More »
Can OPC invest in stock market No, an OPC (One Person Company) cannot directly invest in the stock market. OPCs are primarily meant for small businesses and are subject to certain restrictions. OPCs are not allowed to engage in non-banking financial invest activities, such as trading in stocks, derivatives, or securities. For more information to… Read More »
Can an OPC have shareholders An OPC (One Person Company) can have shareholders, but there is a limitation to the number of this it can have. As the name suggests, an OPC is designed for a single person to start and manage a company. Therefore, by definition, there can be only one shareholder in an… Read More »
Fundraising Website Link: Fundraising: Yes, an OPC (One Person Company) can raise funds. However, the methods and extent of fundraising may be subject to certain restrictions and regulations depending on the jurisdiction and the applicable laws. In general, an OPC can raise funds through various means, including: Equity Capital: An OPC can issue shares to… Read More »
Can OPC Open Demet Account Yes, an OPC (One Person Company) can open a Demet account. A Demet account is a digital or electronic account used to hold and trade securities such as stocks, bonds, mutual funds, and other financial instruments in electronic form. It provides a convenient and secure way to hold and… Read More »